Owning an investment home is one of the cornerstones of the great American dream, and people all over the country are in pursuit of this dream, trying to carve out their own private corner of whatever state and city they live in, and call it their own.
But making a dream come true is never easy, and in the case of trying to buy a home, there are numerous obstacles that can prove to be huge challenges. One of those can sometimes be the banks themselves. Bank and credit ratings can be quite stringent, and even though you work hard, and have honest intentions, some banks view certain applicants as too risky to grant a mortgage, and so the dream of owning a home becomes that much harder. [Read more…]